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Middlesex 01821
7 Lilac Road
$719,900
● House - Off Market

7 Lilac Road

Billerica, MA 01821
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,706 Ft²
$1,066,278
RealtyHop Estimate
48.11%
Since Jul 1, 2018
MA-Boston
Primary Model

About This Property

Fabulous new construction in desirable area of East Billerica.. 28x38 Colonial with 24x24 Step up vaulted ceiing family room.  Beautiful maple kitchen with granite countertops.   Hardwood floors throughout first floor except for ceramic floors in baths.  Four bedrooms or use one as an office, all with wall-to-wall carpeting.  Attached two car garage under family room.  Economical gas heat, Rinnai instant hot water. Great level large yard.
Unit Size
2,706 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$266
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2018

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #72316277)

Price History

Date / Event Date Event Price
Jun 29, 2018 Sold
Premium
Sold
Apr 26, 2018 Listed by LAER Realty Partners $719,900
Listed by LAER Realty Partners
Dec 18, 2017 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,064
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 15,716
  • Total Building Area: 2,714
  • Gross Building Area: 5,572
  • Building Area: 2,714
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,714
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000361
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Billerica School District
  • Census Tract: 316101

Zoning

  • Zoning: 1

Geography

  • District: 31
  • Parcel: BILL M:0045 B:0101 L:0
  • Block: 101
  • Municipality: BILLERICA
  • Latitude: 42.5695
  • Longitude: -71.2229

    Address

  • Full Address: 7 Lilac Rd
  • Address - House Number: 7
  • Address - Street Name: Lilac
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Billerica
  • Carrier Code: R002
  • 4-Digit Zip Code: 3024
  • Zip Code: 01821

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,023,900

    Appraisal Valuation

  • Standard Deviation: 0.1878
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 903,244
  • High Value: 1,072,936
  • Low Value: 733,552

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $906,900
  • Assessed Land Value: $281,700
  • Assessed Improvements Value: $625,200

    Sales

  • Current Sale Recording Date: Jun 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27702
  • Previous Sale Recording Date: Dec 18, 2017
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Middlesex

Stats & Trends

Median Asking:

$819,900

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2712 ft²

Average Home Age

65.3 years

Currently For Sale

3164 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 30 Four Seasons Drive, Hampstead, 01841

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,820 ft²
30 Four Seasons Drive #30, Hampstead, 01841

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72316277

Frequently Asked Questions

When was property at 7 Lilac Road built and last sold?
The property at 7 Lilac Road was built in 2018 and last sold on Jan 1, 1970 for $719,900.
How much is this home worth?
The estimated value of the home located at 7 Lilac Road is $751,043.
What are some comparable homes to 7 Lilac Road?
There are currently no comparable homes to 7 Lilac Road.
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